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FHA_WEST_Submission_Sheet

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11/20/2011
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PHONE:

E-FAX:

2301 CAMPUS DRIVE

SUITE 100 EMAIL:

IRVINE, CA 92612 EMAIL FHA FILE TO: FHASUBMISSIONS@ICONRESIDENTIAL.COM

FHA SUBMISSION FORM TODAY’S DATE

LOAN REGISTERED IN ICON IQ? YES NO SCENARIO HELP DESK TRACKING NUMBER



SUBMITTING BROKER INFORMATION

PROCESSOR NAME: PROCESSOR EMAIL:

BROKER ID NUMBER:

COMPANY NAME: BROKER NAME: BROKER EMAIL:





ADDRESS: PHONE: FAX:





CITY: STATE: ZIP:









BORROWER INFORMATION

BORROWER #1: CREDIT SCORES:





BORROWER #2 CREDIT SCORES:





PROPERTY ADDRESS: CITY, STATE, ZIP:









LOAN INFORMATION

BASE LOAN AMOUNT: PURCHASE PRICE: APPRAISED VALUE: LTV / CLTV: 2ND LIEN AMOUNT:





TOTAL LOAN AMOUNT: LOAN TERMS: TERM:

30/30 15/15 5/1 ARM

COMPENSATION TYPE:

BORROWER PAID COMPENSATION OR LENDER PAID COMPENSATION AND ANTI-STEERING DISCLOSURE







LOAN TYPE: FIRST TIME HOMEBUYER: PURPOSE: OCCUPANCY: PROPERTY TYPE: DTI & PAYMENT SHOCK





FHA YES FHA OWNER OCCUPIED SFR DTI: %



FHA STREAMLINE NO PURCHASE 2ND HOME LOW CONDO 4

CASHOUT PUD



12 MONTH RENTAL TOWNHOME

HISTORY:

2 UNIT



YES 3-4 UNIT



NO







1ST LIEN PRICING TITLE ENDORSEMENT/LOSS PAYEE: BENEFIT TO BORROWER:



GRAND BANK, NA ADJUSTING ARM TO FIXED OR NEW ARM

ITS SUCCESSORS AND/OR ASSIGNS (ISAOA)

RATE: 2301 CAMPUS DRIVE, SUITE 100 NEGATIVE AMORTIZATION TO FIXED

IRVINE, CA 92612

CASH OUT HOME IMPROVEMENT



MARGIN: LENDER FEES: CASH OUT DEBT CONSOLIDATION



CASHOUT EXCEEDS 2 TIMES THE TOTAL COST

OF OBTAINING THE NEW LOAN

DISCOUNT: FHA UW FEE $ 895 DESK REVIEW* $ TBD

REDUCE PAYMENT

FHA STREAMLINE REFI $ 495 FIELD REVIEW* $ TBD

REDUCE TERM

REBATE (YSP):

FLOOD CERT $ 10 IF APPLICABLE





MINIMUM DOCUMENTATION REQUIRED: MINIMUM DOCUMENTATION REQUIRED: NOTES

FHA FHA STREAMLINE

ICON SUBMISSION FORM ICON SUBMISSION FORM



FHA SUBMISSION FEE SHEET FHA SUBMISSION FEE SHEET



TRANSMITTAL SUMMARY (92900-LT) TRANSMITTAL SUMMARY (92900-LT)



1003 LOAN APPLICATION 1003 LOAN APPLICATION –

(INCLUDING NMLS ID #s FOR LO & COMPANY) (MUST HAVE EMPLOYMENT SECTION COMPLETED)

(INCLUDING NMLS ID #s FOR LO & COMPANY)

SIGNED BORROWER CREDIT AUTHORIZATION

SIGNED BORROWER CREDIT AUTHORIZATION

SIGNED NON-BORROWING SPOUSE’S CREDIT

AUTHORIZATION: AZ, CA, ID, LA, NV, NM, TX, WA, WI FNMA 3.2



SIGNED 4506T FORM IMPORTANT NOTICE TO HOMEBUYER

CREDCO APPROVED BROKERS – 2 YEARS 4506 RESULTS

INFORMED CONSUMER CHOICE DISCLOSURE

INCOME DOCS

*SALARIED BORROWER – PAYSTUB & W2 INITIAL BROKER DISCLOSURES, INCLUDING ALL STATE

SPECIFIC DISCLOSURES

ASSETS, FOR PURCHASE TRANSACTIONS

CASE FILE ASSIGNED TO GRAND BANK

PURCHASE AND SALE AGREEMENT (IF APPLICABLE)



FNMA 3.2



IMPORTANT NOTICE TO HOMEBUYER



INFORMED CONSUMER CHOICE DISCLOSURE



INITIAL BROKER DISCLOSURES, INCLUDING ALL STATE

SPECIFIC DISCLOSURES



CASE FILE ASSIGNED TO GRAND BANK









FULL PACKAGE SUBMISSIONS RECEIVE PRIORITY PROCESSING. IN THE EVENT A FILE IS SUBMITTED AND IS INCOMPLETE, SET-UP WILL

NOTIFY THE BROKER AND THEIR ICON ACCOUNT EXECUTIVE VIA EMAIL AND/OR BY PHONE.





BROKER SIGNATURE DATE







Property of Icon Residential Lenders, LLC. Intended for use by mortgage professionals only. Additional criteria may apply.

Revised 10/18/11



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